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To: Greg Jung who wrote (5984)	6/13/1998 11:24:00 AM
From: Wayners	Read Replies (1) \| Respond to of 8002

<<But the upside potential to close that gap is very scary. Its hard to get confidence in anything really negative until after its out and mostly in the stock price.>> I agree that just about all trades are scary, but you've got to hold your stomach and make them anyways--or go back to a savings account or money market account or CDs. Unfortunately there are no sure things. All you can do is put the odds in your favor and hope for the best from them. Because nothing is 100%, money management is key. Know how much you can afford to lose on any one trade and decide ahead of time what your exit will be based on changes in the technical picture. For shorting you find stocks where the longer term moving averages are down like 200 DMA, 100 DMA, and 50 DMA. Then you look for short term moving averages that are up like 3 DMA, 5 DMA. When the momentum slows on these short term moving averages, i.e. their slopes start to go neutral or point down again, jump on with a short position and hope for the best. Depending on your trading timeframe you can pick the moving averages that suit your temperment for volatility. Everybody is different.